Only short-term warehouse credit lines remain in place, per the company’s release.
“Achieving this milestone earlier than planned strengthens our financial foundation and allows us to focus fully on growth and innovation. It’s a testament to our team’s discipline and execution,” said Nick Liuzza, Beeline’s CEO and co-founder.
“We are well-positioned for explosive growth in 2026 and look forward to sharing our story and going deeper on our unique model,” he added. “Our story is compelling, but what excites us most is how consistently we’ve executed against our vision. We look forward to sharing this with investors — and we think they’ll love what they hear.”
Beeline reported improved financial results in Q2 2025, with revenue rising 27% from the prior quarter to $1.7 million and operating costs falling 40% to $5.6 million, according to company filings. The firm’s net loss narrowed to $4.1 million, down 68% from Q1, while adjusted EBITDA improved to -$2.8 million, an improvement from -$3.5 million in Q1.
The company also funded $52 million in mortgages during Q2 2025, a 31% increase from the first quarter, and it said that July revenues were its highest in three years. Beeline attributed the gains in part to a 20% quarter-over-quarter reduction in marketing expenses.
The lender has also rolled out new products, including BeelineEQUITY, which lets homeowners sell up to 49% of their equity to investors instead of taking on additional debt. The company completed its first transaction in June and expects to close 10 more by late October ahead of a full rollout.
The company has also rolled out BlinkQC, an AI audit tool, and “Bob,” an AI chatbot that converted inquiries to leads at six times the rate of human agents in testing.